Economy News
Government Releases Rs. 3.3 Million to Revive Hetauda Textile Mill
The Ministry of Finance has released Rs. 3.3 million to support the reopening of the Hetauda Textile Mill, with the Nepali Army expected to manage operations and invest up to Rs. 2 billion in the revival project.
a month ago
Gold Price Drops by Rs. 2,800 per Tola, Silver Also Declines
Gold prices declined sharply in Nepal's domestic market on Monday, with the price of fine gold falling by Rs. 2,800 per tola, while silver also recorded a moderate decline.
a month ago
Finance Minister Swarnim Wagle Proposes Major Legal Overhaul to Modernize Nepal’s Tax and Revenue System
The government has introduced a sweeping reform bill to simplify Nepal’s economic administration by repealing outdated laws, restructuring revenue investigations, mandating GPS tracking for commercial transport, and strengthening tax enforcement.
a month ago
Ru Ru Jalbidhyut to Invest Rs 80 Million in Myagdi Hydropower
The hydropower company has approved the purchase of 800,000 promoter shares of Myagdi Hydropower as part of its investment strategy.
a month ago
Goat Meat Prices Surge Across Nepal as Supply Crunch and Bird Flu Fears Hit Market
Goat meat prices have jumped sharply across Nepal over the past two weeks, driven by shrinking domestic supply, bird flu concerns, import hurdles, and rising consumer demand, raising fears of an even bigger shortage during the Dashain festival.
a month ago
Nepal Continues ‘Asar Spending’ Tradition, 11% of Annual Budget Spent in Final Month
Despite three finance ministers overseeing the fiscal year, the government spent only 79.04% of the annual budget, with a significant portion disbursed during the final month of the fiscal year.
a month ago
Gold Rebounds, Surges by Rs 2,700 per Tola in Nepal
After several days of decline, gold prices bounced back sharply in the domestic market on Friday, while silver also recorded a notable increase.
a month ago
Gold Falls by Rs 2,400 Per Tola, Silver Drops Rs 160 in Nepali Market
Gold and silver prices continued to decline in Nepal on Thursday, with gold dropping by Rs 2,400 and silver by Rs 160 per tola compared to the previous trading day.
a month ago
Seti Khola Hydropower Begins Power Generation, IPO Plan Follows
The 22 MW Seti Khola Hydropower Project in Pokhara has started trial electricity generation, with commercial operation expected after a 15-day testing period. The developer also plans to launch an IPO after the project enters full commercial operation.
a month ago
Nepal Rastra Bank to Issue Rs 20 Billion Bond to Absorb Excess Liquidity
The central bank is issuing a one-year bond worth Rs 20 billion on Wednesday to manage excess liquidity in the banking system.
a month ago
Gold, Silver Prices Extend Decline in Nepali Market
Gold fell by Rs 900 per tola and silver by Rs 55 per tola on Wednesday, continuing the downward trend in Nepal's bullion market.
a month ago
NRB Raises Share-Backed and Personal Loan Limits in Monetary Policy Review
Nepal Rastra Bank has increased the ceilings for margin lending and personal overdraft loans while introducing new measures to strengthen banks' capital management.
a month ago